NEW DELHI, APRIL 15, 2024 (TBB BUREAU): In a significant development for the energy sector, billionaire Anil Agarwal-led mining conglomerate Vedanta Ltd has successfully secured a long-term loan of Rs 3,918 crore from Power Finance Corporation Ltd (PFC), according to sources familiar with the matter. The 11-year term loan marks a crucial milestone for Vedanta, facilitating the acceleration of its ...
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Vedanta’s project pipeline poised to boost topline by $6 billion, EBIDTA by $2.5-3 billion
TBB BUREAU MUMBAI, MAR 27, 2024 Mining conglomerate Vedanta Ltd has a pipeline of more than 50 active projects and expansions to drive growth, which is expected to generate incremental revenue of over USD 6 billion and incremental USD 2.5-3 billion of annual EBITDA upon completion, a top company executive said at an investor event. These growth initiatives, which the ...
Read More »Vedanta Chairman pledges Rs 150 crore to help India fight against COVID-19
TBB BUREAU NEW DELHI, APRIL 29, 2021 Vedanta on Thursday said its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against deadly COVID-19 second wave. The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020, it said in a statement. The company will create additional capacity of ...
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